obÌåÓý

Find how to designate or change a partnership representative under the BBA centralized partnership audit regime and who¡¯s eligible.

Learn how to elect out of the BBA centralized partnership audit regime and eligibility rules.

The Opportunity Zone incentive is an economic development tool that supports economic growth. Invest in Opportunity Zones and defer tax on eligible gains.

Find out how to invest in a Qualified Opportunity Fund and the requirements for receiving the tax benefits.

Find filing requirements to certify and maintain a Qualified Opportunity Fund for the purpose of investing in a Qualified Opportunity Zone property.

Find partnership filing requirements, elect-out procedures and regulations for the centralized partnership audit regime enacted by the Bipartisan Budget Act of 2015 (BBA).

Find notices to expect from the IRS and procedures to follow during the BBA partnership audit process.

The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, was enacted in March 2020 and created a refundable tax credit for individuals. The advance payment of this ¡°2020 recovery rebate for individuals¡± is referred to as the first round of economic impact payments (First Round EIPs). The tabulations found on this page provide data on those First Round EIPs, which were distributed to individuals by the end of 2020.

Non-precedential legal advice re: Section 280C(c)(3) - Guidance on Reduced Credit for Increasing Research Activities

This page contains re-delegations of authority issued by heads of office to their subordinates that redelegate authority given to them by the Commissioner or through the Commissioner.